Have a nice day traders. GOLD price is trading with a range of 2016-2041 in the H4 frame. It is predicted that gold prices will continue to increase before gold prices decrease in 2016 💚
Gold nicely respected a horizontal daily supply area. The price formed a bearish engulfing candle on a daily and violated a support line of a horizontal range on a 4H time frame. I believe that the price may drop lower next week. Next supports: 2010 / 2000 ❤️Please, support my work with like, thank you!❤️
Hey Everyone, Great start to the week with our route map chart idea playing out as planned. Price supported above 2018 and failed to lock below confirming the push up, perfectly hitting our Bullish target at 2033 Goldlturn. We will now need to see 2033 cross and locked to open 2046. Failure to lock above will see rejection into support to test 2018 again. We...
Multiple time frame analysis for Gold. Price action & candlestick analysis. Structure analysis. Bearish outlook explained. ❤️Please, support this video with like and comment!❤️
Gold (XAU/USD) stays in a consolidation phase at around $2,020 after having closed the previous week modestly higher. The benchmark 10-year US Treasury bond yield moves sideways below 4% to start the week and makes it difficult for XAU/USD to find direction.
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price test support at 2018 and a break and lock below this level will open the retracement range. However, support here and we are likely to see a test at 2033 Goldturn. Price is playing in a central range in this overall structure and likely to see big swings...
Hey Everyone, This is the new updated DAILY CHART idea with updated levels and Goldturn channel after completing our last daily chart idea all the way into the new ATH. Price is playing in the central zone of the channel with immediate support 1998 and resistance bullish target at 2043. The channel half line may also provide support before the 1998 level and a...
Hey Everyone, This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months. Last week we highlighted that we are seeing price in our updated swing range zone and expect reaction on this zone. This played out perfectly, as the swing range providing the swing straight into the axis target once again. We...
Multiple time frame analysis for Gold. Important key levels. Price action & candlestick analysis. Trading plan explained. ❤️Please, support this video with like and comment!❤️
US fundamentals are coming in 30 minutes. Here are the potential scenarios for Gold. Bullish Scenario The market is currently testing 2041 resistance. If the market breaks and closes above that a bullish continuation will be expected at least to 2070. Bearish Scenario Gold is currently consolidating within a narrow horizontal range on an hourly time...
Hey Everyone, We finish off the week completing all our targets into 2045 weighted level to complete the range. 2045 failed to break with ema5, as stated yesterday and therefore followed with the rejection. We will now wait patiently for price to settle into a weighted support level below from this rejection and create a new Goldturn to catch the bounce...
Gold reached the top of the ATH Channel Down and so far is being rejected. Turning bullish on its 1D technical outlook (RSI = 57.506, MACD = 11.660, ADX = 41.229) means that it is not unlikely for the top to break but we will engage (buy) only if the R1 level (2,048) breaks and target the R2 level (TP = 2,090). Until this happens, we will use the rejection to...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Gold price (XAU/USD) reverses an early European session dip to over a three-week low and climbs back above the $1,982 level in the last hour. Any meaningful appreciating move, however, still seems elusive amid the uncertainty over the Federal Reserve's (Fed) near-term policy outlook, which might hold back traders from placing aggressive directional bets. Hence,...
Hey Everyone, And what can I say apart from BOOOOOOM!!!! We got the swing range reaction we expected once again for another perfect swing and a lovely catch for us, from the bottom inline with our plans to buy dips. We also got our Bullish targets at 2001 and 2012 now complete. 2012 is a weighted level and will need ema5 to lock above it to open the range above...
Attempting to recover in the first half of the session, buyers were unable to push the price above the important psychological resistance level of 2000. Selling pressure returned strongly around this resistance level and created a new bearish signal. This price behavior shows that sellers are still in control of the situation, the price will likely continue to go...
World gold prices are on a decline, influenced by the strengthening USD and the upward trend in bond yields. The USD saw a 0.2% increase, rendering gold more costly for those holding different currencies. Concurrently, the surge in US 10-year Treasury yields elevated the opportunity cost associated with holding gold. Investor attention is currently focused on...
Hey Everyone, Another great day on the charts today, catching the bounce from the swing range. Once again it did exactly what it says on the tin!! Yesterday we stated on the chart update that we had the first test on the swing range level at 1978 and we were expecting a swing reaction here. This played out perfectly, as we got the swing into 1990 inline with our...